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8 Broadcaster Press October 23, 2018 www.broadcasteronline.com PUC Approves Refund And Lower Rate For Montana-Dakota Utilities Co. Customers PIERRE, S.D. – This week the South Dakota Public Utilities Commission approved a refund and reduction of rates for Montana-Dakota Utilities Co. customers as a result of the federal tax cuts enacted late last year. ACREAGE AUCTION 9.36+ Acres • HISTORIC HOME • Clay County, South Dakota Tuesday, November 6, 2018 Amazing Opportunity to Purchase a Rewarding “Fixer-Upper”! at 12:00 Noon On Site 3103 East Main Street Vermillion, South Dakota Broker Participation Offered OPEN HOUSE: Saturday, October 27 12:00 to 2:00 PM 3103 East Main Street Vermillion, South Dakota L-1800798 • Two tracts with a great location just outside of Vermillion • 2.26+ acres with large, historic home in need of repair •7.10+ acres offering a great opportunity to build a home close to town with room for barn, horses, and large garden For additional information details, please contact: Marshall Hansen, Agent/Auctioneer • Salem, South Dakota Business: (605) 360-7922 MHansen@FarmersNational.com •www.FarmersNational.com/MarshallHansen Paul Sickler, AFM/Agent • Brandon, South Dakota Business: (605) 582-2085 • Cell: (605) 366-4704 PSickler@FarmersNational.com •www.FarmersNational.com/PaulSickler www.FarmersNational.com Real Estate Sales • Auctions • Farm and Ranch Management Appraisal • Insurance • Consultation • Oil and Gas Management Forest Resource Management • National Hunting Leases • FNC Ag Stock Auction 12:00 • Sunday, October 28, 2018 National Guard Armory (603 Princeton) Vermillion, SD Lunch Served Full listing and photos go to dakotarealty.com Auctioneer notes: Terms: Cash, good check, or card (4% processing fee on cards) not responsible for accidents/theft. Motor Home: 2000 Fleetwood Flair Motor home with 1 bump out, 29,400 miles, own generator, GMC work horse, 427 Chevy fuel injected V8, air cushions, everything works great, set up for towing, CB, satellite, dish, and TV antenna, owner bought new electric awning, power leveling. Cars: 2009 gray Chevy Impala 150,000 miles w/salvage title, 3500 motor, new tires, good clean; 2007 ele. blue Chevy Impala 187,000 miles, new tires car w/salvage title; 2007 red Chevy Impala new tires with 150,000 miles w/salvage title. Deanna Mueller: 2- tall bar chairs, 4- chairs on rollers, lamp and pictures. Ron Pikula: Computer desk, kitchen table with 6 chairs and 2 leafs, plastic cases on wheels, filing cabinet, 12 gauge single shot gun, ammo and ammo pouch, 8 Christmas wreaths in cases, 15 totes of Christmas decorations, Christmas tree, many more Christmas items. Philip Aaland: 10" band saw, sanders, hand saw, 10"table saw Craftsman, camper carpet 15ft, firewood cart, live traps, jigsaw, drill, new floor jack, wheel barrow, E-Z up tent, screen gazebo, misc. tools, extension ladder, patio set, acetylene torch with tanks, dining table with 4 chairs, sitting chairs with ottomans, recliner. Elmer Hasker: Old egg baskets, old lanterns, antique water can, antique cultivator, milk cans, washtubs, crocks, log chains, bench grinder, jacks, hausfield cast iron air compressor, misc. tools, electric fencer, horse shoe set, couch, hutch with matching table and chairs, microwave, kitchen utensils, glassware, old guitars and trombone, 2 queen size bedroom sets, electric heaters, lead for making fishing sinkers. Arlyce Newton: Lazy boy recliner, 2 dressers with headboard queen size, small roll top desk, Casio electric keyboard, table, lamps, and glassware. Marlene Voegeti: Guitars, end tables, old games, plant stand, cookware, chairs, insulators, old steel cooler, antique dressers, plant stands, sewing kit, lamps, glassware, crocks. Louis and Gayle Creps: 42 inch Gravely zero turn lawn mower with bagger, 36 inch Panasonic HDTV, TV table, CD player, Emerson Video Cassette Recorder, Aurora crosscut shredder, rocker chair with footstool, patio table with glass top and 6 chairs, antique dresser with mirror, 2-2 drawer file cabinets, 12 slot fishing rod holder, folding table, 18 qt roaster, 2qt Cuisinart ice cream maker, meat grinder, bedroom upright full length mirror, Stihl string trimmer, 8" small garden cultivator, 4 folding chairs, couch with matching love seat. Steve Dunn: Remington 21" push mower, John Deere D170 riding mower with 54" Deck, 25 H.P 123 hours, (like new), John Deere pull behind cart, weed eater, gas cans, fertilize spreader. Guest: Dining room table and chairs, including a captain, library table, antique postal sorter from Fulda SD, multiple storage containers, Mr. Peanut glass container, large collection of porcelain hands, 2 complete sets of china place settings, old buttons, quilts, silver tea set, kerosene lanterns, metal Tonka Truck, quintuplet dolls, collection of pocket knives, salesman sample singer sewing machine, several blue and white B&G plates, vintage camera equipment, Goebel Mother Crystal plates, Fiesta dishware, antique Japanese memorabilia, Vermillion and Gayville memorabilia, several antique advertising items, Century Safe, fireplaces sets, Delta drill press, variety of wicker baskets, variety of garden/ hand tools, CB radio, Dakota Territory law books, hundreds of antique glassware items, make sure to see the pictures....way to many items to mention. Madsen Auction Service Gary Madsen 605-638-0643, Auctioneer Jim Brady and Hazen Bye Sale day announcements take precedence. The total refund to be distributed among Montana-Dakota’s natural gas customers is $1,326,915; the company will refund $591,424 to electric customers. Refunds will appear as a credit on customer accounts in mid-February. An average residential natural gas customer will receive an estimated $14.05 refund; an average residential electric customer will receive an estimated $41.84 refund. The commission additionally approved a reduction of Montana-Dakota’s base rates. The amount of the rate reduction was determined by PUC staff and Montana-Dakota representatives completing a review of 2017 test year data considered in calculation of the 2018 refund amount and further adjusted to include plant additions placed into service by Oct. 31, 2018. The company currently estimates the base rate reduction will be approximately $250,000 for MontanaDakota’s South Dakota electric customers and $300,000 for the company’s South Dakota natural gas customers. The final rate reduction will be determined by Dec. 1, 2018, and submitted to the commission for review. PUC Chairperson Kristie Fiegen stated that consumer protection was her primary focus in reviewing the docket. “Looking out for the customer is my number one concern. This outcome is fair to the company and passes the benefits of the tax cut to consumers,” Fiegen said. PUC Vice Chairman Gary Hanson observed, “This is a gift that keeps on giving. Every year that the utilities pay less in taxes due to the lower rate, the customers will continue to financially benefit.” PUC staff and Montana-Dakota pre- sented a settlement stipulation to the commission and asked for approval at the PUC’s regular meeting on Oct. 16 in Pierre. Prior to accepting the agreement, Fiegen asked her fellow commissioners to require the company to include interest on the refund amount paid to customers. Commissioner Chris Nelson moved to amend the motion to require a higher interest rate and his motion was successful. “This tax cut refund continues our efforts to return money to utility consumers. Adding a requirement that the utility pay an appropriate interest rate on the refund further benefits customers,” Nelson said. In December 2017, PUC staff requested the commission open a docket to investigate the effects the federal tax cut would have on rates paid by customers of regulated electric and natural gas utilities. The commission voted to proceed with the investigation and ordered any adjustment made to rates as a result of the tax cut be effective on Jan. 1, 2018. Since then, the PUC has approved refunds to customers of Xcel Energy, Black Hills Energy, NorthWestern Energy and Montana-Dakota Utilities Co. Discussions with Otter Tail Power Co. and MidAmerican Energy Co. are ongoing. The Tax Cuts and Jobs Act docket can be viewed on the PUC’s website at www.puc.sd.gov, Commission Actions, Commission Dockets, Gas and Electric Dockets, 2017 Gas and Electric Dockets, GE17-003 – In the Matter of Staff’s Request to Investigate the Effects of the Tax Cuts and Jobs Action South Dakota Utilities. 235.47 ACRES OF DANVILLE TOWNSHIP TURNER COUNTY LAND!! AT AUCTION THURSDAY, NOVEMBER 1ST • 3:00 PM Here is an excellent opportunity to acquire 235.47 acres of, all contiguous, tillable & hunting land located in a tightly held area of Turner County! This farm runs ¾ of a mile long with a nice mix of CRP, tillable and grass land. The property has been utilized as a hunting preserve since 1999 and is an excellent hunting setup only 45 minutes from Sioux Falls! The new buyer will receive immediate hunting rights on auction day. If farming is in your plans, there are 98.5 acres on Tract 1 that is ready to farm in 2019 and you can continue to add acres into your operation as the CRP contracts expire. This farm has great soils and would make an excellent addition to any producer or investor. Property Location: From Irene, SD on Hwy 46 go 1 mile east to the SW corner of the property (the hunting lodge), then go ½ mile further east to 454th Ave. and head north to view the eastern edge of the property. Watch for signs! Property will be sold on the gravel road (454th Ave.) towards the north end of the property. TRACT #1 – 155.47 ACRES This tract consists of 155.47 +/- acres of quality farm land with a heated 30’ x 40’ garage/ hunting lodge in the SW corner of the property along Hwy 46. This improvement makes for a great day lodge with a kitchen, bathroom, and cleaning station after the hunt! According to the FSA, this tract has approx. 129.86 acres tillable with 31.36 acres enrolled in CRP for an annual payment of $5,326. The 31.36 acres of CRP are enrolled in 4 CRP contracts that expire in 2022, 2025, & 2026. Approximately 98.5 Acres of CRP expire on 9/30/2018 and will be eligible for row crops in the 2019 crop year. The balance of this land is in grassland, trees, and RROW. Predominant soil types are Egan-Ethan complex and Egan-Wentworth complex that carry a productivity index of 74.5. The current assessed value is $417,910 and 2017 RE taxes are $3,836.54 LEGAL: The SE ¼ (less acreage & highway) in Section 32-96-53, Turner County, SD. TRACT #2 – 80 ACRES This tract consists of 80 +/- acres of quality farm land. According to the FSA, this tract has approx. 79.84 acres tillable with 100% of the tillable acres enrolled in CRP for an annual payment of $14,024. This tract is enrolled in 2 CRP contracts that expire in 2023 & 2025. Predominant soil types are Egan-Ethan complex and Egan-Wentworth complex that carry a productivity index of 71.2. The current assessed value is $206,190 and 2017 RE taxes are $1,846.46 LEGAL: The S ½ NE ¼ in Section 32-96-53, Turner County, SD. TRACT #3 – 235.47 ACRES Combination of Tracts 1 & 2, all contiguous tract of 235.47 acres, which is very hard to find in Turner County, with a nice balance of CRP tillable and grassland. This is a great opportunity , for any hunter, cattleman, farmer, or investor. TERMS: Cash Sale with a 10% non-refundable down payment on sale day and the balance on or before January 25, 2019. A warranty deed will be provided. Title insurance utilized with the cost of Owner’s Policy split 50/50 between buyer and seller. Seller to retain all the 2018 CRP/rental income. New buyer will receive hunting possession on auction day with full possession on January 25, 2019, at closing. Seller will pay the 2018 RE taxes due in 2019. New buyer will assume all current CRP contracts. Sold subject to the owner’s confirmation and any easement of record. Wieman Land & Auction Co., Inc. is representing the sellers in this transaction. If a land purchase is in your plans – please check out these great tracts. We invite you to view this parcel of land at your convenience. Feel free to walk out and around the property. This is definitely a wildlife sanctuary! For an information packet, go to www.wiemanauction. com or contact Ryan Wieman @ 605-366-3369 or Bob Graff @ 605-760-0283 for more details. Auction will be held on the land. Come prepared to buy! GRAFF FARMS, INC - OWNER Bob Graff, Pat Clark, Cathy Sorenson, & Ron Graff Estate Wieman Land & Auction Co. Inc. (since 1949) Mike Wieman 605-351-0905 MARION, SD • 605-648-3111 www.wiemanauction.com Morgan Theeler, LLP Jack Theeler, Closing Attorney Mitchell, SD • 605-996-5588
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